I have a question. So this past year I've really come around a long way with keeping up and mantaining my credit score. I'm kinda young and made a few mistakes with my credit cards. Who doesn't? So I had about 3 ac...
I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...
Hi,
I own a duplex free and clear that is worth about 300k. I want to explore options of how to leverage the duplex to get home equity lines of credit or similar revolving lines of credit. Do you all have any options...
I have bought 10 properties this year and have had 15 inquires on my credit. My question is; how much will those inquires hurt my credit rating?
I am new so this discussion may have already happened, sorry if that's the case. I am looking for funding a flip in my local market (Kalamazoo, MI), I found a company called Funding for flippingthey put together a re...
Scenario..
Cumulatively you get 100k that you were unable to obtain in the past. Let's say that 100k netted you 88k on revolving lines of credit (having paid fees.) You purchase a property for 50k and your net profi...
Hello, I have recently started searching for a single family home purchase (owner occupied) in the Greater Sacramento area (Roseville/Rocklin). I have a BK (Ch. 7) that is nearly three years old from discharge (Sept....
Hi BP,Can someone please help clarify the difference between a HELOC and a Home Equity Loan?Shamelessly my mother is going to be my first partner, as she wants to get into real estate investing as well. She owns her ...
Hey guys! So I am new to BP and I absolutely love it--especially the forums that answer practically about any question that comes across someone's mind. You guys rock! So, I just graduated college almost a year ago an...
AfternoonHave a question about securing the lowest down payment loan for a duplex of which I'm interested. The asking price is $160k, so 20% would leave a down payment greater than $30k which I have but would rather k...